Uber to Acquire Germany-Based Delivery Hero for $14.8 Billion
Uber plans to acquire German delivery company Delivery Hero for $14.8 billion, expanding Uber Eats into 50 new markets and doubling its global delivery footprint. The deal includes a separate transaction where SSW Partners acquires overlapping operations in 14 countries for $1.6 billion.
Tickers: $UBER
Topics: Delivery Hero food delivery market consolidation Uber